Illinois Compiled Statutes 110 ILCS 972 Veterans' Home Nurses' Loan Repayment Act. Section 10

    (110 ILCS 972/10)

    Sec. 10. Award; maximum time period; maximum amount. Subject to appropriation, the Commission shall award a grant to each applicant who qualifies under this Act. An individual may receive a grant under this Act each year for up to 4 years. The amount of this grant may not exceed $5,000 per recipient per year. The Commission shall require the recipient of a grant awarded under the program to use the grant award for payment of the recipient's educational loan.

(Source: P.A. 95-576, eff. 8-31-07.)

Sections:  Previous  1  5  10  15  20  900  999  Next

Last modified: February 18, 2015